Interested in building quadplex.

Hi Chris,Nice looking building, probably rent easily.Good Luck!

I currently live in NYC area and am looking to house hack here (NJ/NYC) with a building up to 4 units (FHA loan).

I recommend for out of state investors to buy in a class B or A area and a nice well occupied building.

You need representation that has a lot of experience to avoid common issues like early terminations, performance of that location for tenant, etc..Rule #1 is make sure you are happy with market rents for the building (not what current tenant is paying).

If we have the ability in the next 3 years we would like to try and purchase a second home to flip and build our wealth.

I'd prefer newer builds with all the amenities and well run building.

There are companies that do this for you and charge a fee, but usually it's for larger buildings. 

Communicate and treat them with respect throughout.

@Richie Thomas most builders won’t sell to investors and cash flow would be minimal if at all for new builds.